8% Cap Rate Potential - Income Producing Office Building

Asking Price$1,300,000

Gross Revenue
Not Disclosed

Net Operating Income$92,800

FF&ENot Disclosed

Building Sq. Ft.Not Disclosed

Price per Sq. Ft.Not Disclosed

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8% Cap Rate Potential - Income Producing Office Building


Asking Price$1,300,000

Gross Revenue
Not Disclosed

Net Operating Income$92,800

FF&ENot Disclosed

Building Sq. Ft.Not Disclosed

Price per Sq. Ft.Not Disclosed

Property Description
Great Opportunity!
6238 Presidential Court is a well-maintained, multi-tenant office investment located just off Summerlin Road in the heart of Fort Myers, Florida. The property benefits from a strong tenant base, consistent occupancy history, and excellent accessibility to College Parkway, US-41, and surrounding residential and commercial corridors.

Offered at $1,300,000, the property supports an estimated 8.04% cap rate, providing investors with attractive in-place cash flow in one of Fort Myers' most established office submarkets.

Recent capital improvements include a roof replacement in 2022 and HVAC systems that are all 2024 or newer, significantly reducing near-term capital expenditure concerns for a new owner.

The building is substantially occupied, with only one remaining 479 SF suite available for lease. This small vacancy provides an opportunity for additional income growth while maintaining the stability of the existing tenant base.

An additional advantage of the property is its rear elevation visibility from Summerlin Road, creating valuable signage and branding exposure for tenants and enhancing long-term leasing appeal.

Ideal for investors seeking stable income, 1031 exchange placement, and long-term appreciation in a growing Southwest Florida market.
Listing Info
ID:
2480838
Listing Views:
288
Business Location

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Property Listed by: Corporate Investment Corporate Investment Business Brokers

Listing ID: 2480838 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.